The sale of smaller RIAs fueled record M&A activity in the first quarter, but also led to a steep decline in average assets under management of the sellers.

The 44 transactions in the first quarter was the highest number of deals recorded for one quarter in the advisory industry, according to DeVoe & Co.’s most recent RIA Deal Book.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access